Global Top 7 Aerospace & Defense Companies Report 2023: Featuring General Dynamics, Raytheon Technologies, Airbus and BAE Systems Among Others - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Top 7 Aerospace & Defense Companies - Annual Strategy Dossier - 2023 - Key Strategies, Plans, SWOT, Trends & Growth Avenues and Market Outlook - Lockheed Martin, Northrop Grumman, Airbus, Boeing, BAE Systems, General Dynamics, Raytheon" company profile has been added to ResearchAndMarkets.com's offering.

Global Defense Spending has been on a clear upswing and is at a historic high now, having breached the $2 trillion threshold in 2021, led by the whittling down of traditional, rule-based world order and the return of great power competition among leading geopolitical powers marked by sustained geopolitical instability, rising political tensions and conflicts.

Companies Mentioned

• Lockheed Martin Corporation
• Northrop Grumman Corporation
• The Boeing Company
• General Dynamics Corporation
• Raytheon Technologies
• Airbus SE
• BAE Systems plc

The Russia-Ukraine war has been a watershed moment, or 'Zeitenwende', geopolitically having brought back the spectre of war over Europe back to life after almost 3 decades following Russia's military resurgence and is showing no signs of abating even after heading into its second year.

Russia's looming threat and ongoing antics in Ukraine have effectively led to a renaissance in defense spending across Europe with surging defense budgets & overhaul of defense industrial base for the rapid production ramp-up required after decades of hibernation

China's rapid military build-up & emergence as the regional belligerent power in the Asia-Pacific has other nations in the region spooked up setting off one of the biggest arms race in the APAC marked by Japan's redefined strategic posture for defense, India's rapid build-up of military capabilities to counter China's bellicosity and Australia's virtual defense renaissance besides the emergence of regional security cooperation frameworks, alliances & pacts, like QUAD & AUKUS, aimed at containing China.

The U.S.-China faceoff is further escalating over China's ascent as a revisionist state with a rapid military build-up and steadily growing global economic & diplomatic influence with the U.S. officially terming China as the strongest & most serious, long-term rival globally.

The traditional West vs. East fault line & rivalry, thus, is visible clearly once again and has been driving defense spending & military rearmament globally following the emergence of an unprecedented & rapidly evolving Russia-China cooperative axis, thereby, turning out to be a real windfall for the global defense industrial base

Defense Industrial Base Globally Growth-Bound and Geared towards Rapid Ramp-Up of Production Rates:

The ongoing U.S. & NATO military assistance to Ukraine from existing stocks needing backfilling of inventories, the focus of U.S. defense spending towards maintaining traditional overmatch over adversaries focused on developing next generation capabilities through accelerated R&D pursuits and the need for replacement of ageing defense equipment with next generation systems & technologies have collectively been driving the significant increase in investment outlay towards defense backed by steady increases in U.S. defense budget over the recent years.

A number of new, large-scale defense contracts of strategic nature, scale, scope & long term horizon have already been initiated or awarded over the recent years, including, the B-21 LRSB, JLTV, FVL, NGAD and the Virginia & Columbia class submarine programs while many more are in the offing, including, the U.S. Army's OMFV program to replace Bradleys and the development of Hypersonic weapons for the USAF & the USN.

Europe, under NATO, is treading a similar pathway with defense spending by NATO alliance members having grown by 23% over 2018-2022 with focus on getting the defense spending to the 2% of GDP level which has been achieved by a majority of NATO members by 2022 marking a renaissance for the European defense industrial base after decades of slump

The defense industrial base across the U.S. is gearing up to rapidly ramp-up production rates over near term to backfill depleting U.S. & NATO allies' stockpiles of munitions, missiles & weapon systems following the extraordinary rate at which they are being used in Ukraine, given that almost 13 years worth of Javelin & Stinger stocks have already been utilized, and to meet growing international demand for them following the return of the era of great power competition.

The global defense spending, thus, is projected to reach the record $2.5 trillion level by 2027 following a virtual defense renaissance globally with the industry gearing up to ramp up production rates to unprecedented rates & levels over near to medium term

Key Topics Covered:

Section - 1 Business Structure & Snapshot - For each of the Global Top 7 Aerospace & Defense Companies

Section - 2 Financial Performance Snapshot - For each Industry OEM

Section - 3 SWOT Analysis - For each of the Top 7 Industry Players

Section - 4 Strategy Focus across OEMs - Near to Medium Term - For the Top 7 Global A&D Primes

Section - 5 Analysis of Key Strategies & Plans for the A&D OEMs

Section - 6 Global Aerospace & Defense Industry - Force Field Analysis - Analysis of Driving & Restraining Forces and their Overall Dynamics

Section - 7 Key Trends

Section - 8 Key Issues, Challenges & Risk Factors

Section - 9 Latest & Upcoming Defense Programs - Program Factsheets & Analysis - North America, Europe & Asia-Pacific

Section - 10 Strategic Market Outlook - Global Aerospace & Defense Market - 2023-2027

For more information about this company profile visit https://www.researchandmarkets.com/r/mchm1

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